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Chain of Custody: The source of control in global supply chains? – IoT Beyond the Buzz

Global Trade Management

The logistics industry is slowly being transformed to the point when the utilization of the electronic data environment will become the norm in the industry and the additional technological advancements in IoT technology will enable the integration of complete cargo supply. The European Union and the World Customs Organization, for example, have rejected the Safe Port Act of 2006 with the impossible requirement of 100% scanning of all containers.

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Amazon, FedEx and Adjacent Innovation

Techgistics

In 2006, Amazon leveraged their expertise in eCommerce fulfillment to create another adjacent business, Fulfillment by Amazon, which provides fulfillment services to small and mid-size merchants. Source: Statista.